According to the new on-chain update, Bhutan sent 319.7 BTC to two addresses, including one previously associated with sales via Galaxy Digital and OKX, while its remaining holdings stand at 3,954 BTC.
Bhutan’s royal government transferred 319.7 BTC worth about $22.68 million to two addresses. About 250 BTC was sent to a wallet previously used to sell through Galaxy Digital and OKX, while 69.7 BTC went to a new unlabeled address. Following the transfer, Bhutan still holds 3,954 BTC valued at about $280.6 million, adding a fresh holdings update to the previously tracked outflow activity.